@BusinessDaily

Kenya third most preferred property hub for super-rich

6 days ago, 06:42

By: Annie Njanja

Kenya emerged the third most preferred real estate investment destination globally for the super-rich after the UK and the US in a study that also shows that nearly a quarter of Africa’s rich have property locally. According to Knight Frank’s Attitudes Survey 24 per cent of Africa’s super rich own a property in Kenya, 33 and 67 per cent in the US and UK, respectively, making Kenya their top property destination in Africa. This means that out of 22,970 ultra-rich Africans with a net-worth of more ... Read More

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@BusinessDaily

Kenya third most preferred property hub for super-rich

6 days ago, 06:42

By: Annie NjanjaKenya emerged the third most preferred real estate investment destination globally for the super-rich after the UK and the US in a study that also shows that nearly a quarter of Africa’s rich have property locally. According to Knight Frank’s Attitudes Survey 24 per cent of Africa’s super rich own a property in Kenya, 33 and 67 per cent in the US and UK, respectively, making Kenya their top property destination in Africa. This means that out of 22,970 ultra-rich Africans with a net-worth of more ... Read More

Suggested

Kenyans will now pay 0.5 per cent less on all commercial loans following a revision of the policy rate from 10 to 9.5 per cent, meaning Kenyans will pay 13.5 per cent on loans compared to the 14 per c ...

The government’s thirst for infrastructure projects has sparked price and quality wars among cement manufactures.Devki Group chairperson Narendra Raval attributed the war to increasing inflow of subst ...

Insurance firms recorded significant growth during the fourth quarter of 2017, signalling tenacity in what most sectors have described as a tough economic environment.Data from the Insurance Regulator ...

Standard Chartered Bank last week launched its first digital bank in Africa.The bank, based in Côte d’Ivoire will have its digital services which range from opening a bank account to making a transact ...